# Laman Web Rasmi KPK - PALM: Winning the palm oil perception war

> Malaysian commentators argue that images of orangutans and burning forests have shaped a negative global reputation for palm oil, and that soybean cultivation is a major driver of Amazon deforestation. Researcher Augustine Ong called for win-win arrangements with other edible oil producers to avoid a tit-for-tat dispute with Europe.

- Date: 2020-01-20 · published 2020-01-20T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/55081-laman-web-rasmi-kpk-palm-winning-the-palm-oil-perception-war
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Ongoing European sustainability pressure and rival-oil rivalry in Europe can affect palm oil demand and its discount to soyoil and rapeseed oil, which feeds into vegetable oil and feed fat pricing.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-09-18 | [Malaysia reviewing windfall tax on palm oil industry  - The Business Times](https://feedsoft.ai/events/15705-malaysia-reviewing-windfall-tax-on-palm-oil-industry-the-business-times.md) | -1.6% | -4.3% |
| PALMOIL | 2017-05-08 | [Palm Oil News - Choose the Investment so that the CPO Tax Keeps Running](https://feedsoft.ai/events/70910-palm-oil-news-choose-the-investment-so-that-the-cpo-tax-keeps-running.md) | +2.1% | -1.3% |
| PALMOIL | 2019-05-05 | [Palm oil titan warns EU limits on biofuel use will backfire - The Business Times](https://feedsoft.ai/events/59197-palm-oil-titan-warns-eu-limits-on-biofuel-use-will-backfire-the-business-times.md) | -1.1% | -0.2% |
| PALMOIL | 2018-10-23 | [Replanting the oil palm to save forests - Landscape Alliance Forests News](https://feedsoft.ai/events/62405-replanting-the-oil-palm-to-save-forests-landscape-alliance-forests-news.md) | -0.8% | -9.3% |
| PALMOIL | 2023-08-01 | [An EUDR FAQ; Big Questions Ahead of the Task Force Meeting - Palm Oil Monitor](https://feedsoft.ai/events/34611-an-eudr-faq-big-questions-ahead-of-the-task-force-meeting-palm-oil-monitor.md) | -2.8% | -3.1% |

## Sources

- kpk.gov.my: https://kpk.gov.my/kpk/en/menu-arkib?catid=84&id=312%3Apalm-winning-the-palm-oil-perception-war&view=article

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.